- Work Location/Arrangement: This is a hybrid position requiring in-office work four (4) days every week at an M&T office in Buffalo, NY, Bridgeport, CT, Baltimore, MD, Timonium, MD, Wilmington, DE or New York, NY.
Overview
This position supports the development of statistical and machine learning models within a regulated environment. The role contributes to key components of the model development lifecycle—including data preparation, model development, testing/validation support, implementation, and monitoring—while working closely with senior modelers to deliver analytically sound and well-documented solutions. Development work is performed using both Python and SAS.
Primary Responsibilities
Support the design, development, testing, implementation, and monitoring of statistical and machine learning models
Prepare, transform, and analyze large datasets (e.g., transactions, customer behavior, entity data)
Partner with senior team members to translate business problems into analytical approaches
Contribute to model documentation, including methodology, assumptions, and monitoring frameworks
Develop and maintain analytical code using Python and/or SAS
Assist in model performance monitoring and identification of model issues or limitations
Support model validation, audit, and regulatory review processes
Collaborate with stakeholders across EDD, FIU, Technology, and Model Risk Management
Ensure adherence to internal controls and regulatory expectations
Provide guidance to junior analysts where appropriate
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
Promote an environment that supports belonging and reflects the M&T Bank brand.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.
Scope of Responsibilities
Works under general guidance from more senior quantitative risk managers. Responsible for independent execution of defined analytical tasks and contributing to model development efforts. Builds technical expertise in AML modeling and governance.
Education and Experience Required
Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline,
OR in lieu of degree A combined minimum of 7 years higher education and/or work experience to include a minimum of 3 years relevant experience.
-OR-Master’s degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 1 year relevant experience,
OR in lieu of degree,A combined minimum of 7 years higher education and/or work experience to include a minimum of 1 year relevant experience.
Minimum of 3 years relevant experience, Banking or Financial Services experience.
Preferred
Master’s degree in a quantitative discipline
Experience in banking, financial services, or AML/BSA
Exposure to model validation or model risk management
Familiarity with machine learning techniques
Skills Required
- Bachelor’s degree in mathematics, statistics, quantitative analysis, or another technical discipline, or an approved equivalent combination of education and experience
- Minimum of 3 years of relevant experience
- Banking or financial services experience
- Master’s degree in a quantitative discipline
- Experience in banking, financial services, or BSA/AML
- Exposure to model validation or model risk management
- Familiarity with machine learning techniques
M&T Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&T Bank and has not been reviewed or approved by M&T Bank.
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Retirement Support — Retirement benefits are positioned as a strong pillar, including a 401(k) match and the possibility of an additional employer contribution, plus access to an employee stock purchase plan.
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Leave & Time Off Breadth — Time-off offerings are framed as competitive, with a flexible PTO approach and paid volunteer time called out as a meaningful add-on to standard leave.
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Wellbeing & Lifestyle Benefits — Wellbeing support appears comparatively robust, highlighted by mental-health therapy/coaching sessions and broader wellness programming alongside community-oriented perks.
M&T Bank Insights
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
